About your Search

20121201
20121231
Search Results 0 to 2 of about 3
obama leaders to take action on crisis. karin caifa reports from washington, where members of congress have also left town. >> good afternoon, everybody. >>reporter: after speaking with party leaders friday afternoon, president obama called on congress to quickly come up with a solution to avert some end- of-year tax hikes associated with the fiscal cliff. >> in the next few days i've asked leaders of congress to work towards a package that prevents a tax hike on middle class americans, protects unemployment insurance for 2 million americans and lays the groundwork for further work on both and deficit reduction. >>reporter: the remarks came after house speaker john boehner failed to muster enough of his party's support to bring his "plan b" to the floor. his proposal would have effectively raised taxes only on those americans making more than one million dollars a year. >> we had a number of our members who just really didn't want to be perceived as having raised taxes. >>reporter: the two sides each left the capitol for the christmas holidays, blaming the other for inaction. democrats
of the mid-west. and not if >> not a washington d.c. we have learned that house republicans have postponed their vote on their own fiscal cliff bill. the mess known as " plan b " reggie it was -- known as plan b. >> that probably means that the republicans to not have enough votes to pass plan b. this is the first voting cast that would avert cuts. this would extend bush era cuts for everybody making $1 million. those making more would have to pay a higher tax brea rate. senator kerry reid is saying that he is not going going to discuss plan b. senator-harry reed is not going to discuss plan b and already president obama is warning that he would have vetoed it. >> we are getting closer and michael you have a sense of humor about this. we have to understand what is happening with the physical let for a really quick synopsis what is planned be and what did they not want to bring it to the floor of the fiscal cliff? >> that was the millionaire tax increase. but that is one of the problems with the bill. problem is that house speaker, peter said that he did not have the sufficient number john
of the u-s house are set to return to washington on sunday -- just one day before the deadline to pass budget deal. if congress does not reach a fiscal deal before monday's deadline, automatic tax increases and steep spending cuts will take effect. an in depth look at where everything stands right now -- and we'll be talking live with our political analyst -- tonight at 5:30 >> breaking news. retired general norman schwarzkopf has died in tampa, florida. known as 'stormin norman' because of his explosive temper, he commanded the u.s.-led international coalition that drove saddam hussein's forces out of kuwait in 19-91. he lived in retirement in tampa, where he had served in his last military assignment as commander-in- chief of u-s central command. that is the headquarters responsible for u.s. military and security concerns in nearly 20 countries. he was 78. no one was hurt. storm on the way. >> borrowers, that took out a loan. could possibly have found some issues. dan kerman turks of the story from there. >> reporter: many feeble and up in a storefront office, with a quick loan, like
Search Results 0 to 2 of about 3